Pursuant to the provisions of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Company is now a ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Maiden Forgings has been registered as a supplier at the Ordnance Factory Board (OFB) for Guns and Shell Factory Items under the Centralized Vendor Registration process. The company has also secured registration at Ordnance Factory, Murad Nagar, adding to its earlier registration at OFB Kolkata. Management stated the company is currently bidding on multiple tenders and expects supplies to start soon. No specific order value or revenue impact has been disclosed at this stage. This marks an expansion into the defence manufacturing supply chain for the company.
Positive for long-term growth as it opens a new revenue stream from government defence orders, though near-term impact is limited since the company is still in the tendering phase and no confirmed orders or values have been announced.